Australia's largest stock trading and investment forum Australia's #1 stock forum

What about the cost to the health system of the obese ? Anyway...

First 7 Last

Share
Profile

Follow
AgAu

2,708 Posts.

21

06/10/18

19:02

Post #: 36024051
Share

Originally posted by Toastro ↑

The reasoning behind the tax is to pay for the anticipated additional health costs associated with tobacco/alcohol/etc. A cynic will obviously argue that the money is just used as general revenue similar to fuel excise.

I did read an interesting article a while ago (can't remember the name sadly) which argued that life time public health costs for smokers and alcoholics were less than the general population, rather than higher. This was based on the lower life expectancy leading to significant savings on publicly funded aged care and pensions. Makes sense if you think about it, as decades of welfare and aged care costs in the 100s of thousands of dollars.

Expand

What about the cost to the health system of the obese ?

Anyway the amount of tax I have paid on smokes would well and truly cover the health care cost plus the medicare levy

Last edited by AgAu: 06/10/18
2 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 9 more messages in this thread...

First 7 Last